Thailand’s Securities and Exchange Commission (SEC) is stepping up measures to curb grey capital, mule accounts and investment scams, calling it a national priority.
Investment fraud has increased in scale and sophistication, driven by digital technology and is causing widespread losses and risks to the economy, the regulator said in a statement on Thursday.
Measures include tougher customer due diligence, stricter checks on major shareholders and beneficial owners and closer tracking of money flows, especially in digital assets, it said.
Listed companies will face clearer and faster disclosure requirements to improve transparency and investor protection.
The regulator will step up scrutiny of major shareholders, ultimate controllers and funding sources behind licensed firms.
On digital assets, it will improve money-trail tracking through stronger monitoring tools, transfer rules and oversight of stablecoins, it said.
The SEC will work more closely with other government agencies to share information, trace suspicious funds, block illegal platforms and strengthen confidence in Thailand's capital market.
